Financial
Distress signals
Property profile

307 Erie St Chicago, IL 60654

OFF-MARKET
Commercial real estate
Property ID
US28-2003087
58,300 SF 0.11 ac lot Built 1939
Last sale Aug 2025 · $7,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$253k
Tax billed · 2022
Assessed value$1.23M
Assessed land$281k
Assessed improvement$951k
Effective rate20.57%

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.29M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$435/SF
Submarket average, outlier-cleaned · 999 recorded sales of this use type
Observed band · Q1–Q3$141 – $917
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat17.0
Chinese Restaurant7.3
Buffet6.9

Location

307 Erie St Chicago, IL 60654
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
401 State, Chicago, IL 60654-4607 $4,200,000 Jul 2025 312,000 SF
301 Erie, Chicago, IL 60654 $7,500,000 May 2025 58,300 SF
311 Erie, Chicago, IL 60654 $7,500,000 May 2025 58,300 SF
315 Erie, Chicago, IL 60654 $7,500,000 May 2025 21,700 SF
600 Ontario, Chicago, IL 60654 $67,712,000 Mar 2022 322,900 SF
465 Desplaines, Chicago, IL 60654-5501 $18,739,000 Dec 2021 33,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 307 Erie St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message